Learning objective

  • To create a weekly budget.

Success criteria

  • I can identify different sources of income and

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National curriculum

The National Curriculum

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Before the lesson

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Lesson plan

Recap and recall

Show the Presentation: Brain dump and use the activity to recap learning from the previous lesson. Hand out the whiteboards and pens (one each) and ask the children to write everything they can about prioritising needs over wants.

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Adaptive teaching

Pupils needing extra support

Could identify one source of income and one type of expenditure; should use the Activity: Budget sheet: support version in the Main event. 

Pupils working at greater depth

Should elaborate on their choices by breaking down more specific budget categories, exploring different types of income and discussing the implications of various expenditures; Could give more than one way to budget when discussing Presentation: Spending scenarios.

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Assessing progress and understanding

Pupils with secure understanding indicated by: engaging in discussions about

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Vocabulary definitions

  • allocate

    To distribute resources or duties for a particular purpose.

  • budget

    An estimate of income and expenditure for a set period.

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